Short domain Name Service provider bitly 15 million dollar venture capital

The domain name abbreviation service bitly Beijing time July 11 News, the domain name abbreviation service bitly already obtained by the VC company Khosla Ventures Vinod Khosla Fund to receive 15 million dollars. Bitly CEO Peter Stern, in an interview in Tuesday, said the company, although the annual income of millions of U.S. dollars, but in the development is still somewhat stretched. As a result, the money will be spent on recruiting and expanding businesses. Stern also said that the bitly will be on the basis of existing products for the next step of development, and will continue to introduce a fee system for business users. However, Stern stressed that there would be no advertising on the bitly website. "This is an overreaction by some half-professional users, because our new capabilities affect their workflow," says Stern, who is dissatisfied with the social bookmarking features introduced in May. "However, according to Stern, the flow of bitly has not declined, adding 200,000 registered users last month."